The global ”aircraft communication systems” market is likely to gain impetus from the introduction to various state-of-the-art technologies by renowned organizations. Airborne Wireless Network (AWN), a provider of wireless communication services, for instance, is developing a high-speed communication system for delivering cost-effective wireless broadband to the aircraft. This information is put forward by Fortune Business Insights™ in a recently published report, titled, “Aircraft Communication System Market Size, Share and Global Trend By Connectivity (SATCOM HF, VHF, UHF, and Data Link Communication) By System (Audio Integrating System, Communication Radios, Radio Tuning System, Cockpit Voice Recorder, and Static Dischargers) By Component (Antenna, Transponder, Receiver, Transmitter, Transceiver, Display & Processor, and Others), By Platform (Fixed-Wing, Rotary-Wing), By Distribution Channel (OEM, Aftermarket) and Regional Forecast till 2026.” The report further mentions that the aircraft communication system market size was USD 915.5 million in 2018 is projected to reach USD 1,688.0 million by 2026, exhibiting a CAGR of 7.95% during the forecast period.
Browse Complete Summary of research: https://www.fortunebusinessinsights.com/aircraft-communication-system-market-102541
Competitive Landscape-
Key Players Focus on Signing Contracts to Gain Competitive Edge
The market is highly fragmented and hence, is competitive. They are signing agreements or contracts with other reputed enterprises to offer them unique products. Some of the companies are also striving to gain approvals from the government bodies for their products. Below are a couple of the latest vital industry developments:
- January 2019: Boeing and Cobham recently signed an agreement for the certification of the latter’s AVIATOR 200S system present in Boeing 737 MAX and 777X airplanes. AVIATOR provides a robust, lighter, and smaller sitcom solution to airlines.
- October 2019: Viasat Inc., a communications company headquartered in the U.S., bagged approval for its business aviation Ka-band in-flight connectivity (IFC) system for the Gulfstream G280™ airframe. It was approved by the Federal Aviation Administration.
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